Great questions. But in the end it is "We the People" who are in control. It is happening because "We the People" put up with it.

Personal things I have done as a citizen to remedy the situation.

1. Make it a point to know who my elected representatives are at the present time.2. Program elected official contact information into my cell phone.3. Make my vote and voice heard on major pieces of legislation that go against Christian values.4. I pray daily for leadership and guidance.

In the end, all of our elected officials are responsible to "We the People". I encourage everyone to read the Constitution and Declaration of Independence at least a couple of times a year or more as time permits.

Thanks for presenting accurate information. I could really expound on this topic, but will limit discussion to one specific point in the form of a question. Understand that I want to believe that the glass is half full, but with each passing day, it is getting harder and harder to maintain a positive perspective.

I do have one question for you?

If one looks at the debt increase in the USA and stock market gains (in market capitalization), which one is bigger?

Answer: US Debt.

So since debt has increased more than market capitalization, how will the US resolve its debt problem? The US situation kind of reminds me of an addict in a drug store with a CREDIT CARD. A day of reckoning is ahead that will make 2008 look like a day on the beach. The only saving grace for the USA is that interest rates have stayed low.

I continue to pray for the leadership of the USA that they will get a handle on fiscal budget and soon. Time is running out and the party is about to end and end badly if the US leadership and its people continue with the TAX, SPEND and BORROW policies of the past. It is unacceptable that the US Senate could actually make the claim that they are fiscally responsible when they did not produce a budget for 1,415 days!

I believe the entire PM complex which would include AUY and NEM are waiting for a green light from gold. Both AUY and GG have kept their debt-to-equity ratios in-line unlike some other miners in the space. AUY in particular might become a takeover candidate. The CEO of AUY indicated he would do what is beneficial to shareholders if the price is right.

Gold equities are indeed cheep for following five reasons:

1. Forward P/E rations now in the single digit range for most miners.2. Resource/Reserve growth continuing through robust exploration programs in many cases.3. Gold in the ground priced at or near $0/ounce for those companies with by-product (AG, CU, MB, ZC, etc..) credits. Case in point, NEM sitting on 9+ Billion pounds of copper in the ground. Many other gold mines have significant AG, MB and CU deposits as well. None of this valuation takes into account M&I and inferred resources.4. Additional capacity coming on line within the next couple of years that equates to double digit growth rate for many firms.5. Dividend as percentage of cash flow for many companies indicates room for double digit dividend growth.

1. Forward P/E in the single digit range.2. Resource/Reserve growth continuing through exploration in many cases.3. Gold in the ground priced at or near $0/ounce for those companies with by-product (AG, CU, MB, ZC, etc..) credits. Case in point, NEM sitting on 9+ Billion pounds of copper in the ground. Many other gold mines have significant AG and CU deposits as well. None of this valuation takes into account M&I and inferred resources.4. Additional capacity coming on line within the next couple of years that equates to double digit growth rate for many firms.5. Dividend as percentage of cash flow for many companies indicates room for double digit dividend growth.

When (not if) gold miners begin to move, the gains will be sudden and sharp.

Excerpt from Article"The US Government gold holdings have not been audited or verified in more than four decades. The US trade data defines the export of nonmonetary gold as a sale of gold from a private seller within the US to an official agency. In September 2012, we espoused that the Western Central Banks have been surreptitiously selling/ leasing their gold through private channels in an effort to increase the available supply and in turn suppress prices."

Another great article that sheds light and insight on the inner workings of the markets. Don't look now, but yesterday, 19Mar13, industrial metals like COPPER, Platinum and Palladium got slaughtered. Real economic activity is drying up fast and at the core is lack of TRUST and FAITH. This coincides with an earlier article that you posted regarding the disconnect (negative divergence) between COPPER and SPY.

We live in a world where it appears based on data that the Cyprus event has shaken TRUST. While I will not expound on the Biblical ramifications of what we are witnessing, it goes without saying that the central banks appear to be loosing control. This morning, 20Mar13, I read where Russia's Putin successfully overrode the IMF regarding the Cyprus matter.

In addition, ERIC SPROTT was questioning whether the western central banks have any gold left at all. He did looked and historical import/export data to arrive at this conclusion.

We do indeed live in interesting times. If man refuses to be governed by God, he will be ruled by tyrants.

If there are no absolutes with which to govern society, than society becomes absolute. Quote from Francis Schaeffer.

Gold: The Bottom Is In And We're Going Much Higher From Here [View article]

The thesis of this article may indeed be correct for a lot of reasons outside of monetary base. Below is one more event that may be a catalyst along with monetary base.

The CYPRUS event over last 96 hours is much, much bigger than anyone knows.

"If people believe that $13 billion is the total of this bailout, they are out of their minds. $130 billion is not the true total of even the Russian deposits in Cyprus banks. One important Russian businessman, in his various business enterprises, would have $100 billion on deposit himself. 10% of all deposits in Cypress could be $500 billion or more because Cyprus is the banking entity for Russia, not Switzerland or Grand Cayman.

The Central Bank of Cyprus doesn’t even know how big the Russian deposits are because it is held as secret at the behest of the Russians. It is a secret banking system set up for the Russians, by the Russians, and the IMF has just taken a large bite out of that elephant."

Below is a note on Cyprus that is worth understanding. The CYPRUS event over last 96 hours is much, much bigger than anyone knows.

"If people believe that $13 billion is the total of this bailout, they are out of their minds. $130 billion is not the true total of even the Russian deposits in Cyprus banks. One important Russian businessman, in his various business enterprises, would have $100 billion on deposit himself. 10% of all deposits in Cypress could be $500 billion or more because Cyprus is the banking entity for Russia, not Switzerland or Grand Cayman.

The Central Bank of Cyprus doesn’t even know how big the Russian deposits are because it is held as secret at the behest of the Russians. It is a secret banking system set up for the Russians, by the Russians, and the IMF has just taken a large bite out of that elephant."

I have agree with apberusdisvet when he states: "his (the authors) total acceptance of the economic hopium issued by the various government propaganda outlets implies that he is either naive, disingenuous or has an agenda."

Case in point: "The CYPRUS event over last 96 hours is much, much bigger than anyone knows." Below is a recent note about CYPRUS.

“If people believe that $13 billion is the total of this bailout, they are out of their minds. $130 billion is not the true total of even the Russian deposits in Cyprus banks. One important Russian businessman, in his various business enterprises, would have $100 billion on deposit himself. 10% of all deposits in Cypress could be $500 billion or more because Cyprus is the banking entity for Russia, not Switzerland or Grand Cayman.

The Central Bank of Cyprus doesn’t even know how big the Russian deposits are because it is held as secret at the behest of the Russians. It is a secret banking system set up for the Russians, by the Russians, and the IMF has just taken a large bite out of that elephant."

Good article that emphasizes an important point ... dividends. For well over a year, I keep asking the question: Why would anyone want to invest in treasury bonds when dividend yields of many companies including miners are greater than the yield of treasury bonds.

Treasury bonds are only as safe as governments backing up the bonds. The most recent government related case study that makes one question government safeness can be seen in the latest movie now playing in Cyprus: "Government leaders gone wild".

You too can have your wealth arbitrarily confiscated by the stroke of a pen.

Gold climbed above $1,600 an ounce as outrage in Cyprus over an unprecedented levy on bank deposits threatened to derail the nation’s bailout and spark a new round in Europe’s debt crisis, boosting demand for haven assets.

Gold for immediate delivery gained as much as 1.1 percent to $1,608.60 an ounce, the highest since Feb. 27, and traded at $1,604.38 at 7:03 a.m. in Singapore. Bullion for April delivery rose as much as 0.9 percent to $1,607.60 on the Comex.

Cypriot President Nicos Anastasiades bowed to demands by euro-area finance ministers to raise 5.8 billion euros ($7.5 billion) by taking a piece of every bank account in Cyprus. Scenes of Cypriots lining up at cash machines raised the specter of capital flight elsewhere and threatened to disrupt a market calm that settled over the 17-member bloc since the European Central Bank’s pledge in September to backstop troubled nations’ debt.

“Cyprus has put a little bit of a spin back towards safe- haven assets, purely as a result of a little bit of nervousness coming back into Europe,” said Jonathan Barratt, the chief executive officer of Barratt’s Bulletin, a commodity newsletter in Sydney.

Silver for immediate delivery climbed as much as 1.3 percent to $29.135 an ounce and was at $29.006. Platinum rose 0.3 percent to $1,594.25 an ounce, while palladium declined 0.2 percent to $774.75 an ounce.

Another great analysis .... it just shows how increasing government debt via federal reserve easing and QE infinity has fueled market gains. This process is unsustainable. No country or economy has ever printed its way to prosperity.